Index

Kai Peters (Coventry University Group, Coventry, UK)
Richard R. Smith (Lee Kong Chian School of Business, Singapore Management University, Singapore)
Howard Thomas (Lee Kong Chian School of Business, Singapore Management University, Singapore)

Rethinking the Business Models of Business Schools

ISBN: 978-1-78754-875-6, eISBN: 978-1-78754-874-9

Publication date: 17 January 2018

This content is currently only available as a PDF

Citation

Peters, K., Smith, R.R. and Thomas, H. (2018), "Index", Rethinking the Business Models of Business Schools, Emerald Publishing Limited, Leeds, pp. 181-188. https://doi.org/10.1108/978-1-78754-874-920181012

Publisher

:

Emerald Publishing Limited

Copyright © 2018 Emerald Publishing Limited


INDEX

AACSB
, 13, 66

Aalto University
, 158

Accreditation
, 49, 66, 69

Acquisition of SEK University by IE University (2004)
, 159–160

Acquisitions
, 151–152

Action and reflection
, 142, 175

Agent management
, 47

AGSM (Australia) 1999 and 2005
, 157–158

Alliance Manchester Business School
, 156–157

Alliances
, 151–152

Alumni relations
, 62–63

Anglo-American model
, 93

Apollo Education Group
, 160

Arden University
, 161

Arthur D Little Management Initiative in Boston (2003)
, 154–155, 160

Articulation
, 57

Ashridge (UK) 2015
, 154

Association histories
, 10

Association of Asia-Pacific Business Schools (AAPBS)
, 10

B2C industries
, 134–135

Babson College in Massachusetts
, 126

Behavioural complexity
, 139

Behavioural norms
, 25

BEM Bordeaux and Euromed become Kedge (2012)
, 154

“Bologna Accord”
, 58, 152

Business educators
, 167

Business model

approaches
, 34–36

central roles
, 31

considerations
, 31–34

types
, 32–34

Business School Industry, current state of
, 9

association histories
, 10

business model approaches
, 34–36

business model considerations
, 31–34

business school histories
, 10

critical overviews and major studies
, 14

“blind spots” and critical issues
, 27

differences between business schools in regions of world
, 20–23

GLRI
, 28

issues and criticisms
, 26–27

LBS
, 25

social constructionist model of business school evolution
, 15–19

strategic leadership processes
, 24

critical overviews prior to advent of rankings
, 11–14

journal articles and management education
, 29

value chain as mapping approach
, 29–30

Business school revenue orientation
, 91

cost per contact hour
, 98

income side of teaching by programme type
, 99–103

programme revenue by teaching hour
, 101

RDV
, 103–108

research vs. teaching
, 95–96

rigour vs. relevance
, 95–96

sources of funding
, 94

sources of revenue
, 91–94

teaching and revenue academics
, 96–99

teaching composite profile
, 109

teaching quality vs. revenue delivered
, 108–110

value-based strategic orientation
, 94–95

Business schools
, 26, 52, 82, 151, 167, 168

context and background
, 152–153

histories
, 10

managing and strategising portfolio
, 117–118

mergers
, 153–156

business schools and universities with
, 156–159

mergers, acquisitions and alliances
, 151–152

model
, 172

purchased by private equity or corporate
, 160–162

purchasing University
, 159–160

and universities with business school mergers
, 156–159

value chain
, 29, 30

Business-oriented marketplace
, 167

Business-to-business sales process
, 81

Carnegie report (1959)
, 12

Catchment zones
, 119

CEIBS
, 33, 127, 155

Ceram and ESC Lille become Skema (2009)
, 154

Class Preperatoire
, 59

“Clearing” process
, 42

Cognitive and behavioural dichotomies
, 142, 175

“Common currency” factor of value creation
, 103–104, 108

Contextual mastery
, 138–139

Continental business schools
, 58–59

Conversations
, 81, 82

Cornell University
, 158

Credit transfer
, 57

Crowdsourcing model
, 35

Custom executive education
, 80

certifying participants and follow up
, 89

finding clients
, 80–84

house and feed participants
, 84

providing space and technology
, 85–86

teaching participants
, 84–85

See also Executive education value chain

“Customer-oriented” perspective
, 92

Customised learning and development
, 80

Customised organisational development
, 80

Degree awarding powers (DAP)
, 55

Demographic dynamics
, 135–136

Diplom-Kaufmann
, 152–153

Direct grants
, 92

Disintermediation business model
, 34

Disruptive technology
, 134–135

Doctorandus
, 152–153

Dominant logics
, 27

Double degree programmes. See Joint degree programmes

Driving innovation or changing business model
, 174–177

Dual degree programmes. See Joint degree programmes

Educated workforce
, 92

EFMD/HERC research conference
, 28

Elite business schools
, 127, 173

European elite schools
, 128

global
, 127

M7
, 127

managing alliance relationships
, 130

revenue sources for elite institution
, 129

scenarios
, 117

stylised revenue model
, 129

Embanet
, 53

EMBAs
, 152–153

Entrepreneurship
, 158

EQUIS accreditation
, 66

European elite schools
, 128

Executive education value chain
, 74–75

certifying participants
, 79

finding participants
, 75–77

follow up
, 79–80

house and feed participants
, 77

Postgraduate Post-experience Education
, 75

providing space and technology
, 78

teaching participants
, 77–78

See also MBA value chain

Executive MBA (EMBA) value chain
, 70, 171

finding students
, 71–72

graduate and place students
, 73–74

house and feed students
, 72

Postgraduate Post-experience Education
, 70

providing space and technology
, 73

teaching students
, 72–73

See also MBA value chain

Facilitators
, 143

Faculty

classifications
, 49

composition
, 52

Focused innovation model
, 33

Ford and Carnegie Foundation Studies (1959)
, 11, 178

Formal and informal learning
, 144, 176

Foundation Studies
, 11, 12, 13

Fractionalisation business model
, 35

Freemium business model
, 34

Funding

sources of
, 94

universities
, 118

Fundraising
, 94

Future Learn
, 54

Futures Studies
, 13

Global economy
, 167

Global Leadership Responsibility Initiative (GLRI)
, 28

Global University Systems (GUS)
, 152, 161

Globalisation
, 135, 167

GLRI 50 +  20 project
, 33

GMASS
, 67, 72

“Golden age of business schools”
, 12

Google Adwords
, 67

Graduate Management Admissions Council (GMAC)
, 58

HAAS/Berkley Dynamic Capabilities Model
, 32

Helsinki University of Technology
, 158

Henley Management College and Reading University 2008 (UK)
, 156

Higher Education and Student Affairs (HESA)
, 50

Higher education system
, 152

Horizontal development
, 141

Hult (US) 2015
, 154

Humboldt university model
, 93

Income side of teaching by programme type
, 99–103

Independent living
, 60

Individual and organisation
, 141–142, 175

Institute of Innovation Research (IoIR)
, 157

Institute of Management Development (IMD)
, 153–154

Institutional resources
, 51

Institutpour l’Etude des Methodes de Direction de l’Entreprise (IMEDE)
, 153–154

Instructional practitioners
, 50

Intellectual and emotional experiences
, 143, 176

International Management Institute (IMI)
, 153–154

International Master’s Program in Practising Management model (IMPM model)
, 32

Joint degree programmes
, 56

Journal articles
, 29

Judgement
, 139–140

Keypath
, 54

Knowledge economy
, 136–137

Leadership development in VUCA World
, 140–141

Learning management system (LMS)
, 53

Les Roches and Glion hospitality and business schools
, 161

London Business School (LBS)
, 25, 128

Long-tail model
, 35–36

Lorange (Switzerland) 2016
, 155

Lorange Institute in Zurich. See CEIBS

Magnificent Seven (M7)
, 127

Management
, 138

“Management consulting” project-based model
, 35

Management development
, 65, 142

custom executive education
, 80–86

executive education value chain
, 74–80

executive MBA value chain
, 70–74

MBA value chain
, 65–70

OD activities
, 86–89

Management education
, 29, 173

action and reflection
, 142

cognitive and behavioural
, 142

dilemmas for
, 141

formal and informal learning
, 144

individual and organisation
, 141–142

intellectual and emotional experiences
, 143

teaching and facilitation
, 143

theory and practice
, 143

Manchester Business School (UK) 2004
, 156–157

“Map makers in earthquake zone”
, 167

Marketing
, 43

Massive Open Online Course (MOOCs)
, 56

Master of Science in Management Studies (MSMS)
, 168

MBA value chain
, 65

finding students
, 66–68

graduate and place students
, 69–70

house and feed students
, 68–69

Postgraduate Post-experience Education
, 66

teaching students
, 69

MBAs
, 152–153, 170, 171

3D MBA
, 32

ranking
, 66

Melbourne Business School (Australia) 2009
, 157

Mergers
, 151–152

Ministry of Foreign Trade and Economic Co-operation (MOFTEC)
, 155

“Muscle memory”
, 142

Network model
, 33–34

New England Association Schools and Colleges (NEASC)
, 160

New social contract
, 137–138

NIMBAS (2006)
, 155

Observatory on Borderless Higher Education (OBHE)
, 43

Online and social media marketing
, 152

Online learning
, 53

Open University blended learning model
, 33

Operating budgets
, 124, 125

Organisation development activities (OD activities)
, 86

certifying participants and follow up
, 89

finding clients
, 87–88

house and feed client participants
, 88

teaching client participants
, 88–89

Pace University in New York City
, 126

Paradoxes
, 139

Part-time evening MBA
, 71

Partner-based learning
, 168

Pattern recognizer
, 140

Per diem model
, 88

Portfolio choices
, 115

elite business schools
, 127–130

managing and strategising business school portfolio
, 117–118

private institutions
, 123–127

publicly funded institutions
, 118–123

Post-secondary school recruitment
, 43

Postgraduate Pre-experience Master’s Education
, 57

alumni relations
, 62–63

finding students
, 57–59

graduate and place students
, 61–62

house and feed students
, 60

Pre-Experience Master’s Value Chain
, 57

providing space and technology
, 61

teaching students
, 60–61

See also Undergraduate management education

Practice academics
, 50

Practice-based model
, 33

Pre-Experience Master’s Value Chain
, 57

“Pressure points” of competition
, 168

Private business schools
, 123, 124

Private equity or corporate, business schools purchased by
, 160–162

Private institutions
, 123, 173–174

example revenue sources
, 125–127

operating budgets
, 124, 125

private business schools
, 123, 124

scenarios
, 117

Product to service model
, 35

Publicly funded institutions
, 118

catchment zones
, 119

example revenue sources
, 121

funding universities
, 118

management education
, 121

MOOC
, 122

state institutions
, 119–120

UCLA
, 123

Publicly funded scenarios
, 117

Publicly funded schools
, 118, 119, 173

“Publish or perish” reward system
, 96

Pure-play organisation development interventions
, 86

Quality Assurance Agency
, 55

R&D labs
, 178

Rankings
, 66

Razor/blade model
, 34–35

Recruitment process
, 47

Reims and Rouen become NEOMA (2013)
, 154

Relevance, rigour vs.
, 95–96

Research, teaching vs.
, 95–96

Revenue academics
, 96–99

Revenue delivered view (RDV)
, 103, 108–110, 172–173

business schools
, 105

“common currency” factor of value creation
, 103–104

by faculty
, 107

by program type
, 106

rankings
, 104

teaching
, 103, 108

Revenue implications and strategic groups
, 171

business school model
, 172

driving innovation or changing business model
, 174–177

publicly funded schools
, 173

Rigour, relevance vs.
, 95–96

Rotman design thinking model
, 32

Scholarly academics
, 50

Scholarly practitioners
, 50

Self-efficacy
, 140

Social construct of conversation
, 80

Stanford, Yale and the Jain/Stopford Programme for global curriculum
, 33

Starkey’s knowledge model
, 33

State funding
, 91–92

State institutions
, 119–120

Strategic groups, revenue implications and
, 171–177

Study abroad. See Articulation

Stylised revenue model
, 129

Subscription business model
, 35

Super-agents
, 47

Teaching

academics
, 96–99

and facilitation
, 143, 175–176

composite profile
, 109

quality
, 108–110

research vs.
, 95–96

Theory and practice
, 143, 175

3 + 0 programmes
, 56

3D MBA
, 32

Thunderbird and Arizona State University (US) 2014
, 156

TIAS (2006)
, 155

Traditional faculty model
, 50

Twinning programmes
, 56

UK higher education providers (HEPs)
, 50

UK-based RDI. See Arden University

Undergraduate management education
, 41, 43

agent usage for selected countries
, 46

average agent commission rates for selected destination markets
, 45

finding students
, 41–43

graduate and place students
, 55–57

house and feed students
, 48–49

marketing
, 43

percentage of students recruited through agents
, 44

providing space and technology
, 52–55

reported use of agents by first-year international students
, 47

teaching students
, 49–52

undergraduate education value chain
, 42

use of agents
, 43–48

See also Postgraduate Pre-experience Master’s Education

Unicon
, 94

Universities and Colleges Admissions Service (UCAS)
, 41

University College London (UCL)
, 48

University of California at Los Angeles (UCLA)
, 123

University of Manchester Institute of Science and Technology (UK) 2004
, 156

University of Melbourne (Australia) 2009
, 157

University of Reading (UK) 2008
, 156

University Partnership Programmes (UPP)
, 48

Value chains
, 169–171

of business school
, 151

as mapping approach
, 29–30

Value proposition
, 115, 169–171

competing business school priorities
, 116

for consumer retail business
, 115

Value-based strategic orientation
, 94–95

Vertical development
, 141

Victoria University of Manchester (UK) 2004
, 156

VUCA World
, 133, 174

basic questions
, 144–146

dilemmas for management education
, 141–144

leadership development in
, 140–141

needed skills and capabilities in
, 138

behavioural complexity
, 139

contextual mastery
, 138–139

judgement
, 139–140

self-efficacy
, 140

societal trends
, 134

demographic dynamics
, 135–136

disruptive technology
, 134–135

globalisation
, 135

knowledge economy
, 136–137

new social contract
, 137–138

“White label” provision
, 53, 54

“Willingness-to-pay”
, 93, 95, 118, 172